480 SHADY ELM RD
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Location
480 SHADY ELM RD
Mblu
63/ 7/ 1/ /
Acct#
8038562
Owner
STORE MASTER FUNDING XXXVII LLC
Class
COMMERCIAL/INDUSTRIA
Total Market Value
$3,392,330
Appraisal
$3,392,353
PID
38562
Building Count
1
Legal Description
8.77 ACRES
Water
Public
Sewer
Public Sewer
District
01: BACK CREEK
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$2,515,353$877,000$3,392,353
Assessment
Valuation YearImprovementsLandTotal
2025$2,515,330$877,000$3,392,330

Owner of Record
OwnerSTORE MASTER FUNDING XXXVII LLC
Co-Owner
Address8377 E HARTFORD DR
STE 100
SCOTTSDALE, AZ 85255 5686
Sale Price$3,580,000
Instrument Year2025
Book & Page 7224/
Sale Date07/24/2025
Instrument22

Ownership History
Ownership History
OwnerSale PriceInstrument YearBook & PageInstrumentSale Date
STORE MASTER FUNDING XXXVII LLC $3,580,00020257224/2207/24/2025
E&W PROPERTY LLC$020228259/09906/29/2022
RODNEY KEVIN$020228258/00006/29/2022
MEL & KEV PROPERTIES LLC$3,537,500200615689/00008/17/2006
VALLEY INDUSTRIAL PLASTICS, INC$295,3000932/15950003/31/1999

Building Information
Building 1 : Section 1
Year Built: 1999
Living Area: 0
Building Attributes
FieldDescription
Section StyleWarehouse
ModelCommercial
GradeGrade C
Stories1.0
Heat SystemFORCED AIR
Interior Wall 1DRYWALL
Interior Wall 2 
Garage TypeNONE
Extra Fixture(s)0
Fireplace(s)0
Extra Kitchen(s)0
Total Room(s)7
Carport TypeNONE
Interior Floor 3 
Frame TypeMETAL
Roof CoverMETAL/TIN
Roof TypeGABLE
AC Type100%
Exterior Wall 2N/A
Full Bath(s)0
FoundationCONCRETE
Exterior Wall 1CONCRETE BLOCK
BasementNONE
Bedroom(s)0
Section Factor 
Num Units0
Gas Fireplace(s)0
Flue(s)0
Metal Flue(s)0
Heat FuelGAS
Inop Flue/FPL0
Interior Floor 1CONCRETE
Interior Floor 2CARPET
Half Bath(s)5
Stacked Fireplace(s)0
Num Cars - Carport0
Num Cars - Garage0
Num Cars - Built In0
Fin Bsmt Area0
Garage Type 2NONE
Num Cars - Garage 20
Split FoyerNo
Split LevelNo
Grade Adjust0
Basement Area0
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
B01COFFICE-BRICK - C 4,201 0
C22CCANOPY - C 400 0
EPORENCLOSED PORCH 400 0
I03CINDUS/WAREHOUSE MTL - C 30,000 0
   35,001 0

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code400C
DescriptionCOMMERCIAL/INDUSTRIA - COM  
ZoneM1
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)8.77
Frontage0
Depth0
Total Market Land$877,000
Appraised Value$877,000

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAVMTPavement78200.00 UN$140,7601
CONCConcrete1.00 UN$8,0001
FENFence207.00 UN$2,0701
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$2,515,353$877,000$3,392,353
2025$2,515,353$877,000$3,392,353
2024$1,829,500$850,700$2,680,200

Assessment
Valuation YearImprovementsLandTotal
2026$2,515,330$877,000$3,392,330
2025$2,515,330$877,000$3,392,330
2024$1,829,500$850,700$2,680,200

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